ADTHENA LTD
Get an alert when ADTHENA LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-21 (in 3mo)
Last made up 2025-08-07
Watchouts
None on the register
Cash
£3M
+140.5% vs 2023
Net assets
-£21M
-14.3% vs 2023
Employees
119
+7.2% vs 2023
Profit before tax
-£3M
+45.9% vs 2023
Net assets
7-year trend · vs Technology median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £14,352,497 | £15,568,305 | |
| Operating profit | — | — | — | — | — | -£3,530,087 | -£526,709 | |
| Profit before tax | — | — | — | — | — | -£6,124,183 | -£3,315,421 | |
| Net profit | — | — | — | — | — | -£5,429,855 | -£2,786,055 | |
| Cash | — | — | — | — | — | £1,180,471 | £2,838,512 | |
| Total assets less current liabilities | — | — | — | — | — | -£9,490,138 | -£3,587,557 | |
| Net assets | — | — | — | — | — | -£18,076,865 | -£20,666,191 | |
| Equity | -£4,425,527 | -£1,854,563 | -£3,072,246 | -£7,003,596 | -£30,167,784 | -£18,076,865 | -£20,666,191 | |
| Average employees | — | — | — | — | — | 111 | 119 | |
| Wages | — | — | — | — | — | £9,060,234 | £8,531,743 | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+8.5%
£14,352,497 £15,568,305
-
Cash
+140.5%
£1,180,471 £2,838,512
-
Net assets
-14.3%
-£18,076,865 -£20,666,191
-
Employees
+7.2%
111 119
-
Operating profit
+85.1%
-£3,530,087 -£526,709
-
Profit before tax
+45.9%
-£6,124,183 -£3,315,421
-
Wages
-5.8%
£9,060,234 £8,531,743
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -24.6% | -3.4% | |
| Net margin | — | — | — | — | — | -37.8% | -17.9% | |
| Return on capital employed | — | — | — | — | — | 37.2% | 14.7% | |
| Current ratio | — | — | — | — | — | 0.37x | 0.60x | |
| Interest cover | — | — | — | — | — | -1.36x | -0.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Haines Watts Swindon Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The accounts have been prepared on a going concern basis. While the Group continues to operate at a loss and has negative net assets, the business is in a stable operating position, and sales growth is expected to be sufficient to reach breakeven. While the Group's net current assets are negative, the business has raised capital during the period, and is in a robust cash position with a forward cash forecast that is breakeven, and as such is in a position to withstand any short term losses. As a result, the Directors resolved that the going concern basis is appropriate.”
Group structure
- ADTHENA LTD · parent
- Adthena Inc 100%
- Adthena APAC PTY 100%
Significant events
- “There have been no significant events affecting the Group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RICHARDS, William John | Secretary | 2020-05-27 | — | — |
| DONNELLY, Hylton Barrymore | Director | 2023-06-07 | May 1969 | British |
| GAON, Sloan Daniel | Director | 2020-04-22 | Apr 1969 | American |
| HUDDLESTON, Erik | Director | 2020-04-15 | Nov 1975 | American |
| O'ROURKE, Ian Whitney | Director | 2012-08-08 | Aug 1971 | Australian |
| SNYDER, Braden | Director | 2023-11-01 | Oct 1988 | American |
| THUNE, Phillip | Director | 2023-04-05 | May 1970 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONNELLY, Hylton Barrymore | Director | 2013-04-29 | 2015-11-17 |
| EVETTS, Andrew Richard Denby | Director | 2012-11-18 | 2019-03-18 |
| MORRIS, Melvyn | Director | 2016-07-29 | 2019-07-25 |
| REGENT, Damien Eric Marie Joseph | Director | 2013-11-18 | 2019-03-12 |
| SEEBER, Jonathan Michael | Director | 2019-03-05 | 2023-11-01 |
| UNDERHILL, Christopher John | Director | 2015-04-01 | 2023-06-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Updata Partners V, L.P. | Corporate entity | Shares 25–50%, Voting 25–50% | 2023-05-08 | Ceased 2023-06-13 |
| Mr Phillip Thune | Individual | Significant influence | 2023-03-20 | Active |
| Mr Ian Whitney O'Rourke | Individual | Appoints directors, Significant influence | 2016-04-06 | Ceased 2023-03-15 |
| Mrs Julie Angela O'Rourke | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-03-05 |
Filing timeline
Last 20 of 117 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-20 RESOLUTIONS Resolution
- 2024-10-20 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-28 | SH01 | capital | Capital allotment shares | |
| 2025-08-21 | AA | accounts | Accounts with accounts type group | |
| 2024-10-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-20 | MA | incorporation | Memorandum articles | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-16 | SH01 | capital | Capital allotment shares | |
| 2024-07-02 | AA | accounts | Accounts with accounts type group | |
| 2024-01-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-31 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-08-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-18 | SH01 | capital | Capital allotment shares | |
| 2023-08-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-02 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.